I have a condo in New York City. My tenant wants to buy it. I said I would sell it for what I have invested into it. This is a brand new washer and dryer and blinds. Then I realized I also have about 9 months of condo fees, legal fees, closing costs, a 2 month condo fee deposit when I bought the condo. Is it fair to add all of these costs in addition to the W&D and blinds?
2007-02-26 02:12:53 · 2 answers · asked by Droppin Knowledge 1 in Business & Finance ➔ Renting & Real Estate
find out what the others are selling for
and your units condition may be in better shape...
and then the others have a realtor fee..so take off..and your renter will have a great deal..
good luck.
2007-02-26 02:27:48 · answer #1 · answered by m2 5 · 0⤊ 0⤋
Find out what other units are selling for. Look for signs in the building for Real Estate agents selling other units etc. Ask around. It's not how much stuff you put in, it's what the condo is worth.
2007-02-26 02:17:12 · answer #2 · answered by zocko 5 · 0⤊ 0⤋